2-bed · 1,688 sqftThe Springs 1, The Springs · completed 2005

S07/TH14, The Springs 1

Sold prices and rental history: sold 3 times, last in August 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S07/TH14 · DLD and Ejari recordsUpdated 9 August 2024
Last soldAED 3M9 August 2024
Current rentAED 155K /yr1 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S07/TH14, The Springs 1

What is S07/TH14 worth today?

Last sold for AED 3,000,000 in 2024

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9 Aug 2024SoldReady
AED 3,000,000AED 1,777 per sqft
1 Aug 2024RentedNew contract
AED 154,792/yr24 months · AED 92 per sqft
15 Nov 2023RentedNew contract
AED 195,000/yr12 months · AED 88 per sqft
15 Jun 2018RentedNew contract
AED 115,000/yr12 months · AED 68 per sqft
25 Aug 2017RentedRenewal
AED 139,625/yr12 months · AED 83 per sqft
25 Aug 2016RentedRenewal
AED 150,000/yr12 months · AED 89 per sqft
25 Aug 2015RentedNew contract
AED 160,000/yr12 months · AED 95 per sqft
7 Aug 2014RentedNew contract
AED 150,000/yr12 months · AED 89 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 9 August 2024.

Key facts

Type
2-bed villa
Size
1,688 sqft
Developer
Emaar
Completed
2005
Service charge
AED 3,600 /yr
Last sold
AED 3M · August 2024
Community
The Springs 1

About S07/TH14, The Springs 1

S07/TH14 is a two-bedroom villa of 1,688 sqft in The Springs 1, a villa community in The Springs completed in 2005 by Emaar. It last sold on 9 August 2024 for AED 3,000,000, or AED 1,777 per sqft, 8% above the AED 1,640 two-beds in the community were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 1 August 2024, is AED 154,792 a year: a gross yield of 5.2% on the 2024 price, before the service charge of about AED 3,600 a year.

Sales and rents for S07/TH14 over time

Sales
Villa S07/TH14, each saleTypical two-bed in The Springs 1
2M2007201220172022Typical sale price by year: 2007 AED 717,888; 2008 AED 1,228,944; 2009 AED 981,450; 2010 AED 1,292,500; 2011 AED 1,410,000; 2012 AED 1,430,000; 2013 AED 1,975,000; 2014 AED 2,125,000; 2015 AED 2,000,000; 2016 AED 2,140,000; 2017 AED 2,275,000; 2018 AED 1,675,000; 2019 AED 1,550,000; 2020 AED 1,500,000; 2022 AED 2,150,000; 2023 AED 2,450,000; 2024 AED 3,000,000; 2025 AED 3,450,000Sold by developer, December 2009: AED 1,700,000 (AED 1,007 per sqft)Sold, December 2009: AED 1,750,000 (AED 1,036 per sqft)Sold, August 2024: AED 3,000,000 (AED 1,777 per sqft)

S07/TH14 has sold 3 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa S07/TH14, each contractTypical two-bed in The Springs 1
100K150K200K20112015201920232027Typical rent by year: 2011 AED 110,000; 2012 AED 100,000; 2013 AED 119,678; 2014 AED 135,000; 2015 AED 140,000; 2016 AED 140,000; 2017 AED 135,000; 2018 AED 120,000; 2019 AED 114,500; 2020 AED 95,000; 2021 AED 100,000; 2022 AED 110,000; 2023 AED 125,000; 2024 AED 154,896; 2025 AED 171,250; 2026 AED 200,000New contract, August 2014: AED 150,000 a yearNew contract, August 2015: AED 160,000 a yearRenewal, August 2016: AED 150,000 a yearRenewal, August 2017: AED 139,625 a yearNew contract, June 2018: AED 115,000 a yearNew contract, November 2023: AED 195,000 a yearNew contract, August 2024: AED 154,792 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the community.

2-beds in The Springs 1, and where S07/TH14 sits

All 132 2-beds →

S07/TH14 last sold in August 2024 at AED 1,777 per sqft, 8% above what two-beds in The Springs 1 were fetching at the time (AED 1,640). Over the last 12 months two-beds sold for AED 2,900,000 to 4,350,000, around AED 2,003 per sqft, and rent for AED 115,000 to 270,000 a year. S07/TH14's AED 154,792 is in the lower half of that range.

Recent 2-bed salesVilla no.Price (AED)Summary
10 Feb 20263,650,000
2 Feb 20264,350,000
25 Dec 20253,300,000
17 Nov 20252,900,000
4 2-bed sales in the last 12 months

The Springs 1

Community

237 villas, 2-bed to 6-bed in The Springs, completed in 2005 by Emaar. 6 sold in the last 12 months.

Typical price per sqft
AED 2,222
Typical sale
AED 4M
Typical rent
AED 190K /yr
Typical yield
5.0%
The Springs 1, The Springs: prices, sales and rents →

S07/TH14, The Springs 1 in numbers

  • Sold 3 times: first on 23 December 2009 for AED 1,750,000, last on 9 August 2024 for AED 3,000,000 (AED 1,777 per sqft).
  • Rented since August 2014 on 7 Ejari contracts. The rent fell from AED 150,000 to AED 115,000 in 2018 and recovered to AED 154,792 by August 2024.
  • At AED 154,792 a year the gross yield on the 2024 price is 5.2%, before a service charge of about AED 3,600 a year (AED 2.13 per sqft).
  • Two-beds in The Springs 1 sold for AED 2,900,000–4,350,000 in the 12 months to November 2026; the community's median across all types is AED 2,222 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 9 August 2024.

Questions about S07/TH14, The Springs 1

What did villa S07/TH14 last sell for?

AED 3,000,000 on 9 August 2024: AED 1,777 per sqft for 1,688 sqft. The villa has 3 registered sales; the first was AED 1,750,000 in December 2009.

What is the rent for villa S07/TH14?

AED 154,792 a year on the contract signed on 1 August 2024. The previous contract, from November 2023, was AED 195,000; the villa has been rented since August 2014.

How big is villa S07/TH14?

1,688 sqft (156.8 sqm): a two-bedroom villa in The Springs 1, completed in 2005.

What is villa S07/TH14 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Springs 1 sold for AED 2,900,000 to 4,350,000 in the last 12 months, around AED 2,003 per sqft.

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Mortgage on S07/TH14, The Springs 1

Starts from the last sale price (AED 3M, 9 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,000,000
Deposit, UAE resident (20%)
AED 600,000
Deposit, non-resident (40%)
AED 1,200,000
Monthly over 25 years at 3.7%
AED 12,274

Plus AED 131,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →